SBS Biz (formerly SBS CNBC) is a 24-hour business news channel in South Korea.
History
On August 13, 2009, SBS took over all stocks of a sports TV channel Xports, which were shared by CJ Media (70%) and IB Sports (30%). The network had the rights to MLB in 2003 and 2004.[1] After a partnership agreement with CNBC (owned by NBCUniversal, a subsidiary of Comcast) which was taken on October 22, 2009,[2] Xports was shut down and replaced by SBS CNBC on December 28, 2009. Most of its programme are being made in high definition. On January 1, 2021, SBS ended a partnership with CNBC and rebranded as SBS Biz.